i have a lot of stock and options positions in RIMM; including Dec SSF I do think the gap will fill (upside) I have traded RIMM since 2000 Howewver it could fall to 25 if market weakens... also earnings are 9/15. I expect they will "beat" the lowered expectations. If not then look out below; that's why I hold October OTM puts. Thanks for your thoughts
Really disappointed and surprised about SINA; however it was in a downtrend and it did retrace more than 1/2 of the previous move down. I have been selling puts on the way up and closing them; finally I ended up with Aug 100 and 105 puts which I could have closed yesterday for profit, and in fact expected to close lower so I could exit, only to have this crap happen today. I also own stock at 90 and 102 and short Aug calls, long Sept calls.